Advantage Energy Ltd. (TSE:AAV) Receives Average Rating of "Moderate Buy" from Brokerages

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has been given an average recommendation of "Moderate Buy" by the eleven brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$13.21.

Several analysts recently commented on AAV shares. National Bank Financial downgraded shares of Advantage Energy from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 8th. CIBC restated a "neutral" rating and issued a C$12.00 target price on shares of Advantage Energy in a report on Thursday, August 29th. BMO Capital Markets decreased their price target on Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. National Bankshares dropped their price objective on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. Finally, TD Securities reaffirmed a "buy" rating and set a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th.

Advantage Energy Trading Up 0.7 %

AAV traded up C$0.06 during trading on Thursday, reaching C$9.18. 386,058 shares of the company's stock were exchanged, compared to its average volume of 445,540. The stock has a market capitalization of C$1.53 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The firm has a fifty day moving average price of C$9.34 and a two-hundred day moving average price of C$10.06. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. Advantage Energy has a one year low of C$8.02 and a one year high of C$11.73.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last announced its earnings results on Thursday, July 25th. The company reported C($0.07) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.04). The company had revenue of C$100.66 million for the quarter, compared to analyst estimates of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. As a group, equities research analysts forecast that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Insider Activity at Advantage Energy

In other news, Director John Festival acquired 20,000 shares of the firm's stock in a transaction on Friday, September 27th. The stock was purchased at an average price of C$8.94 per share, for a total transaction of C$178,800.00. In related news, Director John Festival purchased 20,000 shares of Advantage Energy stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of C$8.94 per share, for a total transaction of C$178,800.00. Also, Senior Officer Donald Craig Blackwood bought 5,435 shares of Advantage Energy stock in a transaction dated Friday, August 2nd. The shares were bought at an average cost of C$9.20 per share, with a total value of C$50,002.00. Insiders have bought 45,435 shares of company stock valued at $420,402 over the last ninety days. Corporate insiders own 1.55% of the company's stock.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.